CA Foundation Course is the 1st level of the CA Course to become an accountant. At this level, you’ll study the principles of accounting, business laws, arithmetic and Economics. The exams for the CA Foundation are conducted by the Institute of Chartered Accountants of India (ICAI) twice a year. Here in this article, we will get the complete CA Foundation course details that one needs to know in every aspect. Check the complete article below which is all related to the CA foundation course.
Table of Content
CA Foundation Course Details:
Based on the eligibility criteria, students Who seem or appeared in Class 12th will register for the CA Foundation course. once registered, you’ll have four months of preparation amount to review the info. the entire ICAI CA Foundation info is split into four papers:
- Paper-1: Principles and Practice of Accounting
- Paper-2: Business Laws and Business Correspondence and Reporting
- Paper-3: Business Mathematics and Logical Reasoning & Statistics
- Paper-4: Business Economics and Business and Commercial Knowledge
The total fee for the CA Foundation course 2022 that students ought to pay is Rs. 10900. It includes the registration fee of Rs. 9200, the communication type fee of Rs. 1500, and therefore the journal membership fee (optional) of Rs. 200. In this complete guide for the CA Foundation course, you’ll study the eligibility criteria, registration, syllabus, dates, exam form, fees, paper pattern, and what to do after the CA Foundation Exam.
ICAI Recent Guidelines:
ICAI recently introduced a replacement Scheme of education and coaching for the CA Course. beneath the new Scheme, ICAI has revised the CA Foundation papers, registration validity, paper pattern and spending criteria. we’ve coated all the small print regarding the new CA Course info. Check the article currently.
CA Foundation Course Details 2022-23
Students, Who wish to understand the small print regarding the CA Foundation Course, will discuss this with the table below. Here, you’ll get the eligibility criteria, exam level, Duration of the Exam, mode of the Exam, total fees, and more.
| Particular | Details |
| Exam Name | CA Foundation |
| Conducted by | Institute of Chartered Accountants of India (ICAI) |
| Exam Level | National Level |
| Eligibility | Completed or Appearing in Class 12th |
| Preparation Period | 4 Months |
| CA Foundation Course Subjects |
|
| Duration of Exam | 3+2 Hours |
| Mode of Exam | Offline |
| CA Foundation Total Fees | Rs. 10,900 or $1065 (for Foreign students) |
| Frequency | 2 times a year i.e. May and November |
| Passing Criteria | Per subject – 40% Aggregate – 50% |
Required Eligibility Criteria?
According to the CA Foundation eligibility, students Who have cleared their Class twelve examination recognized by the law or recognized by the Central Government will register for CA Foundation after the 12th or Class 10th.
However, Ways to the delay within the Class 12th Central and State Boards Results declaration, ICAI has changed the eligibility criteria and allowed revisionary registration for students Who haven’t cleared their 12th Exams.
ICAI currently permits students to preliminarily register for the CA Foundation course once passing the Class tenth examinations. it’s additionally proclaimed that this preliminary admission can solely be modulated or regular once the candidate can pass the Class 12th exams.
Graduates and Post-Graduates, Who wish to pursue CA, will directly register for the CA Intermediate Exam through the Direct Entry System. this suggests that they’re exempted from the CA Foundation Exam.
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CA Foundation Registration Procedure:
All the eligible students will currently register for the CA Foundation. ICAI opens the registration window for the entire year however you have got to register for the CA Foundation course before that point in time. Documents needed for the CA Foundation Course Registration. The necessary documents required for the CA Foundation registration are:
- 10th Class Report Card
- 12th Admit card
- Passport-size Photo
- Proof of Nationality for Foreign students etc.
How to Register for the CA Foundation Course?
the process to complete the registration is as simple as you think. Just follow the stepwise CA Foundation registration procedure to use for the course:
- Step 1: Visit the ICAI portal. faucet on the Student’s Tab and head to the ‘Course Registration section.
- Step 2: On the registration type section, click on ‘New User’.
- Step 3: Enter the small details like name, DOB, Gender, Aadhar card range, mobile range, email-id and parole.
- Step 4: Click on “Generate OTP, and so verify it. The OTP are sent to your registered mobile range and therefore the verification link on your email id.
- Step 5: once verified, your personal profile is formed and you may receive the login credentials.
- Step 6: Currently, log in and choose the “Student Cycle”. For this, click on ‘Apply for Foundation’, fill in the necessary details and click on ‘Save and Next.
- Step 7: Afterwards, pay the registration fees. The fees are paid online, thus you’ll would like a Master/Visa/Maestro Credit/Debit/Rupay/Net Banking Card.
- Step 8: once the flourishing pay the CA Foundation registration fee, you’ll get the registration type. you have got to deposit the shape within seven days, punctually signed by the candidate.
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CA Foundation Registration Validity: Once the registration is finished for the muse course, it’ll be valid for 3 years. additionally, to it, it is revalidated any range of times for an extra 3 years by depositing nominal fees of Rs. 300.
CA Foundation Course Fees:
The CA Foundation Course fee for Indian students is Rs. 10,900 and for foreign students, it’s $1065. However, it’s to not be paid as a one-time payment.
At the time of registration, you would like to pay Rs. 9000 and Rs. two hundred for the price of the muse prospectus. we have a tendency to additionally suggest subscribing to the student’s journal as you’ll get the newest update from it. whereas filing the muse Exam type, you’ll have to be compelled to pay Rs 1500.
For foreign students, the registration fee is $700 and $20 for the price the muse prospectus. The Exam type fee for foreign students is $325. Check the entire CA Foundation fee structure for Indian and Foreign students within the table below:
| Details of Fees | Indian Students | Foreign Students ($) |
| Cost of Foundation Prospectus | 200 | 20 |
| Foundation Registration Fees | 9000 | 700 |
| Subscription for Students Journal (For one Year- Optional) |
200 | 20 |
| Foundation Examination Fee | 1500 | 325 |
| Total | Rs. 10,900 | $1065 |
The CA Exam type fee for the Kathmandu centre is Rs. 2200. Once the on top of registration method is completed, the CA Foundation study material is sent to the candidates through the Centralized Dispatch System (CDS).
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Correction Window for the CA Foundation
The ICAI provides a pair of correction windows for students Who wish to alter one thing in their Exam type. within the 1st window, you don’t have to be compelled to pay the fees for correction. Whereas, within the second correction window, you have got to pay the correction fees of Rs. 1000/- per application.
- Free Window Facility: Under the primary correction window, a student will modify his/her Center/Medium within one week once the last date of submission of the Examination type. the primary correction window can open from Oct eight to Oct thirteen, 2022.
- Correction Window Facility (with fees): Under this window, a student will modify his/her Center/Medium with the payment of Rs. 1000/- per application. Generally, this window is open for correction up to at least one week before the Exam. however requests created right away before seven days won’t be entertained by the ICAI in any case.
CA Foundation Syllabus:
The CA Foundation course is split into four subjects. The info includes accounting, business law, arithmetic, and Economics. The CA Foundation info is discharged by ICAI once a year for the scholars. Check the topics below.
- Paper-1: Principles and Practice of Accounting
- Paper-2: Business Laws and Business Correspondence and Reporting
- Paper-3: Business Mathematics and Logical Reasoning & Statistics
- Paper-4: Business Economics and Business and Commercial Knowledge etc.
To complete the info, you have got a study amount of 4 months. Students can even check the entire CA course to induce a concept of what they’re attending to study within the next few years.
Exam Pattern and Papers:
To perform higher in the exams, you want to remember the CA course, the paper pattern, the marking Scheme, etc. the primary 2 papers (accounting and law) are subjective, consisting of theory and sensible queries whereas paper 2 (mathematics and economics) are objective with MCQs. A negative marking of 0.25 can still stay within the objective papers as per the revised Scheme.
ICAI has given an in-depth and revised CA Foundation Exam Pattern with marks and weightage distribution for all told four subjects. you want to discuss the newest Exam Pattern before beginning your CA Foundation preparations.
What next after CA Foundation Exams?
After the CA Foundation course, currently you have got to organize and register yourself for the consequent step i.e. CA Intermediate. begin your preparation by probing the CA Intermediate study materials and counseled books. Also, by finding the previous year’s question papers, MTPs and RTPs. provided by the ICAI.
So, These are the complete CA foundation course details that one must be aware of before one opts to apply for registration. Hope this was helpful to you and you got the complete details about this.
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